Congrats to Trump and border czar Tom Homan.

From the Dallas Fed:

U.S. net unauthorized immigration has rapidly declined, turning negative in February 2025. The contraction follows a rapid increase from early 2021 to early 2024. This sudden reversal has important implications for the demographic outlook, labor force participation, employment growth and local labor markets…

By July, it reached -89,000 with no indication the decline is leveling off. Focusing on working-age (16-65) adults and adjusting for historical employment rates implies a net loss of about 49,000 unauthorized immigrant workers in July alone.

Illegal entries are blue on this chart and exits are green. The black line is the net flow.